In 2023, the industrial sector grew 3.5% with a contrast of only 0.9% in its manufacturing origin (60% of industrial GDP), with the unusual rebound of 15.6 in construction.

Nuevo León is the entity with the highest industrial score in the country, having 10.1% of the national industrial GDP, finding the State of Mexico in second and Jalisco third place with 7.9% and 6.5% respectively.

Of interest: Chihuahua reports a strong increase in rental prices for industrial warehouses

Over the course of 2023, total exports reached just over 593 billion dollars, their historical maximum, although they grew only 2.6% in the year vs. 16.7% in 2022, today they are equivalent to 33.1% of the Gross Domestic Product ( GDP), reducing from its historical maximum of 30.5% of GDP belonging to 2022.

Mexico continues to be one of the largest exporters worldwide, not only in absolute figures compared to other emerging countries, but also in relative terms, its exports represent 33.1% of its GDP, while the USA is only 7.5% and in China it is of 18.99% of agreements figures for 2023. Our country continues to be one of the most open economies in the world, with a measurement of its total foreign trade.

Check here: Mexico City reports stable office rental prices at the end of Q1 2024

So far in the current administration (Dec 2019 - April 2024), the Mexican peso has appreciated 18.1%, its best performance in several six-year terms, the reason is the entry of foreign currency into the economy, in addition to the fact that in recent years The differential between the interest rate of Mexico versus the USA has been very high, which is why the Mexican peso is very close to its equilibrium.

In Solili you can check ships available in: Guanajuato, Aguascalientes y Tijuana.

Original Note.